First Choice Energy

Wednesday, December 12, 2012

BP Leasing Land in Columbiana County

From the Youngstown Vindicator:
In an effort to expand its footprint in Northeast Ohio and capitalize on its oil- and gas-exploration efforts here, BP continued to secure more mineral-rights leases in Columbiana County throughout November.
According to the Columbiana County Recorder’s Office, there were 317 such leases purchased by multiple companies in November, with BP buying about 59.
In September, the company had secured two leases in the county, and it purchased 26 in October.
BP already had landed 30 mineral-rights leases for December as of Monday.
Leasing is a prerequisite to further oil and gas development as a company must first secure mineral rights across a given amount of acreage before the site can be permitted for a well.
Read the rest of this story here.

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